U.S. Home Sales on Track for Biggest Year in 15 Years
U.S. home sales rose in October as buyers continued to compete for a limited number of homes for sale. Existing-home...
economic performance
Economy Week Ahead: Home Sales, Consumer Spending, Inflation
Reports on U.S. consumer spending and inflation highlight this holiday-shortened week. Outside of regular data, markets are also waiting for...
At 1.9%, Nebraska Now Has the Lowest Unemployment Rate of Any State, Ever
Nebraska logged the lowest unemployment rate of any state on record in October, reflecting the acute labor shortages that have...
House Passes Roughly $2 Trillion Social Spending and Climate Bill
WASHINGTON—The House passed a roughly $2 trillion education, healthcare and climate package on Friday, as Democrats corralled their slim majority...
U.S. Unemployment Claims Fall in Tight Job Market
Jobless claims hovered above pre-pandemic levels last week as employers avoid layoffs and many workers quit or remain sidelined in...
U.S. Shoppers Boosted Spending Last Month, Taking on Higher Prices
U.S. retail sales rose by 1.7% in October, a sign that consumers are willing to spend more headed into the...
Jobless Claims Fell to New Pandemic Low of 267,000
Worker filings for unemployment insurance edged lower last week, continuing their long glide path toward pre-pandemic levels as the labor...
Infrastructure Law Seen Having Small, Positive Impact on Growth
The roughly $1 trillion infrastructure package just passed by Congress will modestly help the economy in the short run while...
U.S. Job Growth Rebounded in October
The U.S. added 531,000 jobs in October and the unemployment rate fell to 4.6%, as the labor market rebounded from...
Fed Dials Back Bond Purchases, Plots End to Stimulus by June
The central bank approved plans to begin scaling back its bond-buying stimulus program this month and end it by June,...
Central Banks Fuel New Bets on Tighter Money as Inflation Rises Globally
Stubbornly high inflation across more wealthy economies last week prompted a shakeout in bond markets as investors began expecting central...
U.S. Consumer Spending Grew More Slowly in September
Consumer spending rose 0.6% in September, the Commerce Department said Friday, as the Delta variant and supply-chain disruptions weighed on...
Economy Week Ahead: Central Banks, GDP, Consumer Spending
U.S. consumer spending is expected to have advanced in September. Photo: Joe Raedle/Getty Images By WSJ Staff Oct. 24, 2021...
High Inflation Creates Tax Winners and Losers. What Are You?
Inflation is about to ripple through the tax code—and the nation’s mishmash of tax provisions means some people will be...
Powell Says Supply-Side Constraints Have Worsened, Creating More Inflation Risk
Federal Reserve Chairman Jerome Powell indicated he is now somewhat more concerned about higher inflation and said that the central...
Fed’s Quarles Says More Fiscal Stimulus Could Let Transitory Inflation Continue Too Long
A top Federal Reserve official said he expected elevated inflation pressures to decline without requiring a more aggressive response by...
China’s Third-Quarter Economic Growth Slows Sharply to 4.9%
BEIJING—China’s economy grew 4.9% in the third quarter from a year earlier, slowing sharply from the previous quarter’s 7.9% growth...
Supply-Chain Bottlenecks, Elevated Inflation to Last Well Into Next Year, Survey Finds
Uncomfortably high inflation will grip the U.S. economy well into 2022, as constrained supply chains keep upward pressure on prices...
IMF Cuts Global Growth Forecast Amid Supply-Chain Disruptions, Pandemic Pressures
WASHINGTON—Supply-chain disruptions and global health concerns spurred the International Monetary Fund to lower its 2021 growth forecast for the world...
Economy Week Ahead: Inflation, Jobless Claims, Retail Sales
Shipping containers at Tianjin Port in China last month. Photo: Gilles Sabrie/Bloomberg News By WSJ staff Oct. 10, 2021 3:00...
